Takaful Oman Insurance SAOG Balance Sheet Health
Financial Health criteria checks 2/6
Takaful Oman Insurance SAOG has a total shareholder equity of OMR15.7M and total debt of OMR1.0M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are OMR71.9M and OMR56.2M respectively.
Key information
6.5%
Debt to equity ratio
ر.ع1.02m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.ع2.74m |
| Equity | ر.ع15.71m |
| Total liabilities | ر.ع56.24m |
| Total assets | ر.ع71.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAOI's short term assets (OMR46.1M) do not cover its short term liabilities (OMR61.8M).
Long Term Liabilities: TAOI's short term assets (OMR46.1M) do not cover its long term liabilities (OMR-5.6M).
Debt to Equity History and Analysis
Debt Level: TAOI has more cash than its total debt.
Reducing Debt: TAOI's debt to equity ratio has increased from 0% to 6.5% over the past 5 years.
Debt Coverage: TAOI's debt is well covered by operating cash flow (625.8%).
Interest Coverage: Insufficient data to determine if TAOI's interest payments on its debt are well covered by EBIT.